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Flat 53 м² in Bafra, Cyprus

ID 4OWkp
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Area
53 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Bafra

North Cyprus Real Estate: Apartments on the First Line of the Sea in Bafra
North Cyprus real estate in Bafra is a unique opportunity to buy apartments on the first line of the Mediterranean Sea in one of the most promising investment areas of the island. If you are looking for an apartment in North Cyprus for permanent residence, vacation, or stable rental income, this project will be an excellent choice. The modern residential complex is located on the first coastline, has its own sandy beach, and offers a high level of comfort combined with developed resort infrastructure.

The project is located in the prestigious Bafra area, which is actively developing and is considered one of the most sought-after destinations for buying real estate in North Cyprus. The complex offers modern apartments of various layouts, including spacious one-bedroom apartments, large terraces, and panoramic views of the Mediterranean Sea.

All apartments are delivered with high-quality finishing. The price includes a fully equipped kitchen, a modern bathroom, air conditioners in all rooms, and built-in wardrobes. The thoughtful layout ensures maximum comfort for both permanent residence and vacation.

The infrastructure of the complex corresponds to the level of a five-star resort. Residents have access to their own sandy beach with a restaurant and bar, outdoor pools for adults and children, a modern SPA center with a sauna and massage rooms, a fitness hall, mini-golf, children's playgrounds, landscaped gardens, and a 24-hour management company providing rental, maintenance, and property management services.

Buyers have access to both fully finished apartments and properties at the construction stage and early booking. A special feature of the project is the opportunity to purchase an apartment with its own private pool — a rare offer for the real estate market of North Cyprus.

The investment attractiveness of the project is constantly growing. The Bafra area has already become a center of tourist infrastructure, where five-star hotels with world-class casinos successfully operate. The international airports Ercan and Larnaca can be reached in about one hour, making this real estate especially attractive for both personal vacation and rental.

Apartments in Bafra are modern North Cyprus real estate on the first line of the sea, combining a prestigious location, a high level of service, and excellent prospects for value growth.

When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.


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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
175 024 $
Year of construction
2020

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

FAQ

How can I get a residence permit by buying property in Cyprus?

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bafra; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Cyprus?

Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in Cyprus?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in Cyprus?

A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in Cyprus?

Yes. Rental income tax is 5–25% depending on the regime. In Bafra short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (175 024 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

A typical transaction runs 30–90 days, averaging 45 in Bafra: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Flat with 1 bedroom in Bafra, Cyprus